Alana at The Valley Escrow Account

First Abu Dhabi Bank P.J.S.C. holds the escrow account for Alana at The Valley, account number 4031*****7653023 (shown in full in the Escrow Details section above), opened under DLD project number 2803 when the project was registered with the Dubai Land Department on 16 October 2023.

Payments under the 10/80/10 plan (10 percent on booking, 80 percent during construction and 10 percent on handover) are paid into the project escrow account first. The bank releases funds to Emaar in stages, only against construction progress recorded through DLD-supervised inspections, and the final 10 percent is paid at handover, expected in Q2 2027.

The DLD register reading dated 15 July 2026 shows 81.56 percent construction progress, up from 76.14 percent on 24 March 2026. Enabling, foundation and structure works are complete, while internal works, the external envelope, MEP, internal finishes, external works and infrastructure are progressing, which places the account in its final construction releases. Each dated reading is tracked on the Alana at The Valley construction updates page.

Yes. Funds remain in the escrow account and are still released only against inspected progress, whatever the calendar says. Escrow protects capital while the project completes but does not itself compensate for delay; delay terms sit in the Sales and Purchase Agreement. After completion a retention amount stays in escrow against defect repairs, and the handover inspection that works alongside that retention is covered in the Alana at The Valley snagging inspection guide.

No. Every off-plan payment for Alana at The Valley belongs in the DLD-registered escrow account 4031*****7653023 at First Abu Dhabi Bank (the full number sits in the Escrow Details section above), matching the details in the Sales and Purchase Agreement. A request to pay into a personal account, an agent's account or a different company account, particularly one that comes with a discount for paying outside escrow, fits the standard pattern of payment fraud however official it appears. Such requests are checked against the escrow record in Dubai REST and the Sales and Purchase Agreement before any money moves.

If the Dubai Land Department cancels a registered project, RERA takes control of the escrow account and refunds to buyers are handled from the protected funds under DLD supervision. That protection covers only money paid into the registered account; funds sent anywhere else fall outside it. With 81.56 percent of construction recorded on the DLD register, Alana is far past the stage where cancellation is a realistic concern, but the mechanism applies regardless. The broader regulatory framework behind that mechanism is set out in the Dubai Land Department guide.

No. The 4% DLD registration fee is a Dubai Land Department charge for registering the purchase, due at booking together with the 10 percent deposit, which is why the booking stage reads 10% + 4% DLD. It is a government fee rather than part of the villa price, so it is not among the installments that the escrow account holds and releases against construction progress.

Oqood is the Dubai Land Department's interim register for off-plan property. Registering an Alana villa under Oqood records the sale against DLD project number 2803, the same project to which the First Abu Dhabi Bank escrow account is tied, so the buyer's interest and the protected payments sit in one official record until the title deed is issued after completion.

The escrow account protects buyer payments by holding them and releasing them only against inspected construction progress. It does not compensate for a late handover, which is governed by the Sales and Purchase Agreement; it does not protect money paid to any account other than the registered one; and it does not hold separate charges such as the 4% DLD registration fee. It is capital protection, not a guarantee of a handover date or of investment returns.

The Dubai REST app carries the registered record: under Services, then Project Status, a search for project number 2803 or "The Valley - Alana" opens the project, and its Escrow Account panel lists the bank and account number. Those details match the Escrow Details section of this page and the escrow clause of the Sales and Purchase Agreement; where any source differs, the Dubai REST record is the one that governs.

Emaar's recent delivered Dubai projects include Creek Palace (March 2026), Seagate (September 2025), June (June 2025) and Bliss (November 2024), each sold off plan under the same Dubai Land Department escrow framework that governs Alana at The Valley. Completions elsewhere do not fix Alana's own timing, but they show the developer finishing projects within this framework throughout the period Alana has been under construction.